If you’re a regular reader of Paul’s Home Computing Blog; you know I discuss cybercrime a lot–especially hacking and malware that steal funds from bank accounts. I know it’s hard to believe when I say a cybercriminal can obtain your bank account credentials and then move funds from your accounts quickly and transparently. Here’s a real-life example of a cybercriminal who was very successful and got caught; but only after he stole US$10 million.
His name is Yevgeny Anikin, a 27-year-old Russian hacker who was a member of an international hacking ring; and is awaiting sentencing in Siberia. The cybercriminal organization hacked into the accounts of the bank’s customers, raised the limit that controlled the maximum withdrawal of funds that could be executed in one day, and then organized a simultaneous withdrawal of funds from ATMs across Europe, the US and Asia.
Takeaways from this information are:
1. the large amount of funds stolen in this single heist;
2. the cybercriminal organization was international;
3. this particular crime took place in 2008; and
4. my observation that cyber thieves have become much more efficient, automated, and less likely to be caught in 2011.
Remember, be very careful—it’s dangerous out there.
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Home computing is a blast…keep it safe, productive and enjoyable.